We recently published Jim Cramer’s 20 Bold AI Predictions – See How They Played Out! International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer recently discussed.
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International Business Machines Corporation (NYSE:IBM) is one of the biggest technology companies in the world. Cramer has been a long-time fan of the stock, as not only did he praise the firm in August 2024, but he has continued to remain optimistic in 2025 as well. Since his comments, International Business Machines Corporation (NYSE:IBM)’s shares have gained 22.7%. However, they would have been higher had it not been for a 14.6% drop since late July. One major catalyst for the stock occurred in January when the stock jumped by 13% after International Business Machines Corporation (NYSE:IBM) beat analyst revenue and earnings estimates for its fourth quarter earnings. Yet, the stock tumbled by 7.6% in July after the firm’s earnings report saw it disappoint investors with its software revenue. Here is what Cramer said about International Business Machines Corporation (NYSE:IBM) in August 2024:
“I think IBM is doing great. Arvind Krishna has done a remarkable job with IBM. I would hold on to it or consider buying more.”
While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.